Shale Gas: China’s untapped resource

When I met recently with a senior investment officer from China Investment Corporation (CIC), the country’s sovereign wealth fund, I was told that CIC is very bullish on the United States. Why?
In CIC’s opinion, the existence of large shale gas reserves in the U.S. will provide a massive shot in the arm for the country’s large but mature economy — kind of a modern-day energy equivalent to the deus ex machina in Greek literature………………………………………..Full Article: Source